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Pratt & Whitney Opens Coating Operation at Tinker Air Force Base

OKLAHOMA CITY, OK, September 30, 2002 -- Pratt & Whitney (P&W) today announced the grand opening of P&W Oklahoma City, a special technology coatings operation at the U.S. Air Force Air Logistics Command at Oklahoma City. P&W made the announcement at a ceremony at Tinker Air Force Base.

The coating operation is a key element of the initial partnership agreement between the USAF OC-ALC and P&W. The coating area will occupy about 11,000 square feet. Operations will include the application of special technology coating for aircraft and engine components. The first products will be heat shields for the F117 weapon system. Work on F119 engine components will begin in the second quarter of 2003. The coatings operation will employ 12 coating technicians and engineers by the end of 2002. This number will grow to about 25 employees by 2003.

"We are delighted to launch this partnership here in Oklahoma City," said Rick O’Donnell, P&W director of military aftermarket operations. "We look forward to working with the team at Tinker and we’re confident we can continue to expand on the partnership."

The initial P&W capital investment will exceed $7 million with estimated revenue of $1.2 million during the start-up phase in 2002. Pratt & Whitney military engine models include the F100 for F-15 and F-16 fighters, the F117 for the C-17 Globemaster III, the F119 powering the F/A-22 Raptor, the J52 for the EA-6B Prowler, and the F135 for the F-35 Joint Strike Fighter.

Pratt & Whitney, a United Technologies (NYSE: UTX) company, is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines.

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